THOMAS DAILY

Property Investment News Germany

Bankhaus Wölbern: Portfolio sale in Holland concluded

Bankhaus Wölbern has made known its successful completion of a portfolio with a total of 72 properties in Holland. Properties were sold from the Holland 04-51, 53 funds. The sales price corresponded to the minimum specified in the run-up by the funds' investors. According to Wölbern, the average pre-tax yield of the funds is 8% p.a. As a result of the transaction, the public funds and private placements that were sold have been dissolved.

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